Fundamentals for Fortive Corporation
FTV's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making th...
Business Operations:
Sector: TechnologyIndustry: Scientific & Technical Instruments
Fortive Corporation designs, develops, manufactures, and markets products, software, and services in the United States, China, and internationally. It operates through Intelligent Operating Solutions and Advanced Healthcare Solutions segments. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including maintenance, repair, measurement and condition monitoring, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries. This segment markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, and SERVICECHANNEL brand names. The Advanced Healthcare Solutions segment provides critical workflow solutions comprising instrument sterilization, instrument tracking, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions under the ASP, CENSIS, FLUKE BIOMEDICAL, LANDAUER, and PROVATION brand names. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.
Revenue projections:
Financial Ratios:
| currentRatio | 1.24100 |
|---|---|
| forwardPE | 17.69040 |
| debtToEquity | 59.28300 |
| earningsGrowth | 0.04000 |
| revenueGrowth | 0.07900 |
| grossMargins | 0.63230 |
| operatingMargins | 0.19137 |
| trailingEps | 1.90000 |
| forwardEps | 3.24922 |
A current ratio of 1.241 for Fortive Corporation implies that the company has ample liquidity to meet its short-term debts. Fortive Corporation's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
FTV's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
With a forward EPS greater than its trailing EPS, FTV is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's earnings potential and suggests an improving financial trajectory for the year ahead.
Price projections:
Insider Transactions:
5 Fortive Corporation stock sales were completed, with market price of 56.36600112915039.There were 4 buy transactions of Fortive Corporation stock, with market price at 57.3100004196167 per share.The higher volume of buys compared to sells near current FTV price levels may suggest optimism among investors. This could point to a favorable market outlook, as more people are willing to invest at these prices, anticipating potential future growth or strong performance.
Recommendation changes over time:
With analysts showing a buy bias for FTV, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning FTV as a safe and profitable place for investors to allocate their funds and seek growth.